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explain please Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. 1. Assume Hudson

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Required information [The following information applies to the questions displayed below.] Hudson Company reports the following contribution margin income statement. 1. Assume Hudson has a target income of $166,000. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target income, what is its margin of safety (in percent)? Note: Round your answer to 1 decimal place

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